Global Lights Acquisition Corp.

General Information

We intend to focus our search on a target that provides solutions promoting sustainable development and focuses on environmentally sound infrastructure and industrial applications that eliminate or mitigate greenhouse gas emissions, and/or enhance resilience to climate change. Our efforts in identifying prospective target businesses will not be limited to a particular geographic region. We believe that we will add value to these businesses primarily by providing them with access to the U.S. capital markets. (Incorporated in the Cayman Islands)

Zhizhuang Miao has been our chairman of the board of directors and our CEO since our inception. In July 2018, Mr. Miao founded Guizhou Zhonghuanjiancheng Circular Economy Industry Co., Ltd , a company that focuses on the development and promotion of comprehensive environmental protection solutions and resource recycling technologies as well as investment in renewable resource industrial parks.

Bin Yang has been our CFO since our inception. Mr. Yang was the chief financial officer of Shenzhen Zhongheng Huafa Co., Ltd. (SZSE: 000020) from 2015 to February 2022. Before that, he worked as an accountant and a vice president in the Industrial and Commercial Bank of China and China Minsheng Bank, and then served as vice president and secretary of Shenzhen GuoHua Network Security Technology Co Ltd (SZSE: 000004) from January 2011 to August 2015.

(Global Lights Acquisition Corp. priced its SPAC IPO on Nov. 13, 2023, in sync with the terms in its prospectus: 6.0 million units at $10.00 each to raise $60.0 million. Each unit consists of one ordinary share and one right. Each right entitles the holder thereof to receive one-sixth (1/6) of one ordinary share upon consummation of our initial business combination, so you must hold rights in multiples of six in order to receive shares for all of your rights upon the closing of the initial business combination. At pricing, Global Lights Acquisition Corp. became the 27th SPAC IPO priced so far this year. Background: Global Lights Acquisition Corp. filed its S-1 on Sept. 22, 2023, and disclosed terms for its IPO: 6.0 million units at $10.00 each to raise $60.0 million. The company submitted confidential IPO documents to the SEC on Dec. 30, 2021.)



Employees: 0
Founded: 2021
Contact Information
Address Room 902, Unit 1, 8th Floor, Building 5 No. 201, Tangli Road Chaoyang District, Beijing 100123 The People’s Republic of China
Phone Number +86 10-5948-0786
Web Address
View Prospectus: Global Lights Acquisition Corp.
Financial Information
Market Cap $78.0mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol GLACU
Exchange NASDAQ
Shares (millions): 6.0
Price range $10.00 - $10.00
Est. $ Volume $60.0 mil
Manager / Joint Managers Chardan
Expected To Trade: 11/14/2023
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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